Joined: Oct '08
Age: 62 (M)
Posted by Administrator: "$1.80" is a money value I assume you mean 1.80. But no we will not set (define) the odds, it was just an example. The odds are to be decided by the user who wants to risk his MobPoints by offering certain odds.
For example, I wouldn't mind risking $1000 to odds 1.01 that AaB will beat Manchester City tonight - if somebody wants to play odds 1.01 at that, then it's a very good deal for me But I certainly wouldn't offer odds 400 on AaB victory...
The price odds for tonights match on betfair. so if you won't a bet I will lay a 0-0 (beting agenst it being 0-0 if the game ends 0-0 you win ) draw for 500 MOB points at the price at kickoff
Joined: May '08
Age: 51 (M)
Posted by intentcity4: example, 5 people wager 10 mob point each on manchester, and 1 person wages 10 points on there opponent, there for manchesters dividend would be 12 mob points if they won, if there opponents win the dividend would be 60 mob points.
Joined: Aug '08
Age: 48 (M)
the only thing with tote boards is that you wont know the dividend until the betting closes. and the prices could change dramaticly in the final minute of betting, but everyone whos ever backed a horse knows that.
Joined: Aug '07
Age: 38 (M)
I don't think it will be any kind of "tote" betting - too many people doesn't know enough about it, imho. So if we're to offer any kind of betting, we want as many users to be able to participate as possible
Joined: Mar '08
Location: United Kingdom
Age: 42 (M)
Sounds good, but will it be imited to football? Would be nice if we could back pokerplayers somehow. Or strippers, bet on who gets the kit off first, no, oh well. First to have a org...no ok then football sounds good.